Depending on the market and your pip diet, I don't see why you cannot achieve 20-40pips. I believe that a HaS has been formed, we did get out 50% back twice from the large bullish candle due to news. I see the trendline being broken. Keeping an eye out on the bullish engulfing.
After seeing the bearish pennant, I expected a continuation. The entry would have been just below the formation as usual while the stop loss above. Now, on the 15m, a triangle is forming directly above a demand zone. I am expecting a continuation to the downside.